$SLV Ishares Silver Trust Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45 that has not since been taken out in price. However it can be in this current pullback […]

Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. Year-to-Date, the stock is up around 45%. The combination of low Oil’s price (major cost component for miners) and high price in gold creates a favorable environment for the company. On Wednesday, the company will report its first-quarter results. The consensus for the […]

GBPJPY has resumed the decline lower within wave 3, favoring more downside while below May 1 high. This article and video look at Elliott Wave path.

Corn Futures (ZC_F) dropped from a high of 323’4 to a low of 300’2 last week before it bounced again. In today’s blog, we would look at the chart presented to clients before the drop took place and how once again, the blue box area and red right side tag played out. Let’s start by […]